The ________ are hurt by importing a good
A) domestic consumers of the good
B) domestic producers of the good
C) domestic governments
D) foreign producers of the good
E) foreign governments
B
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The output at which average variable cost is a minimum is ________ than the output at which ________ is a minimum
A) the same as; average total cost B) the same as; marginal cost C) less than; average total cost D) less than; marginal cost
Comparable worth is the principle that:
a. goods and services priced the same have about the same worth. b. the wage rate equals the value of productivity. c. men and women should be paid comparably. d. employees who perform comparable jobs should be paid the same wage.
The Federal Reserve System is a branch of the Treasury Department
a. True b. False Indicate whether the statement is true or false
The productivity standard says
A) that everyone should have exactly the same income. B) that the age-earnings cycle should determine income. C) that people should be compensated on the basis of what they produce. D) that people should be compensated on the basis of their need.